Friday, June 21, 2013

news.casinolife

news.casinolife

STATE-RUN Philippine Amusement and Gaming Corp. Reuters news (PAGCOR) sees gaming industry revenues growing to $2.5 billion

Posted: 20 Jun 2013 09:31 AM PDT

 

 

 

STATE-RUN Philippine Amusement and Gaming Corp. Reuters news (PAGCOR) sees gaming industry revenues growing to $2.5 billion this year, driven mainly by newly opened Solaire Resort and Casino Manila, an official of the regulator told reporters yesterday.

"Industry-generated gaming revenues this year could reach an easy $2.5 billion from last year's $2 billion," PAGCOR Chairman and Chief Executive Officer Cristino L. Naguiat, Jr. said in a briefing at Hyatt Regency Hotel and Casino Manila.

Mr. Naguiat said growth would be driven by an expected increase in revenues of the Solaire Manila hotel and casino complex owned by listed Bloomberry Resorts Corp., which opened last March 16. "As of May, I think Solaire has earned a gaming revenue of about P1.3 billion… Let's say if they average P1.5 billion a month, in 10 months that's P15 billion. So that's already $500 million," he said. "Solaire will bring the increase in revenues. Even as Resorts World (Manila) also reported an increase in income, bulk of the increase will come from Solaire."

Solaire Manila, a five-star integrated resort-and-casino complex, is the first of four entertainment hubs to rise at the state-run Bagong Nayong Pilipino Entertainment City in Parañaque City.

PAGCOR has given four groups licenses to build their respective integrated resort-casino complexes at Entertainment City: Bloomberry (Solaire Manila Resort & Casino); Belle Corp. (Belle Grande Manila Bay); Tiger Resorts Leisure and Entertainment, Inc. (Manila Bay Resorts); and Travellers International Hotel Group, Inc. (Resorts World Bayshore).

Mr. Naguiat said gaming industry revenues could even reach as much as $10 billion with the rise of Entertainment City. "When all components are up — that would be maybe 2017 or 2018 — we could see that rise, with 90% of this to come from Entertainment City."

Mr. Naguiat said PAGCOR itself sees higher revenues this year. "From P40.88 billion last year, that could grow to about P42 billion," he said. "Aabutin namin ang (We will reach the) target this year."

 

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SPIELO INTERNATIONAL™ BRINGS ANCIENT EGYPT TO THE WILD COAST WINTER GAMES 2013

Posted: 20 Jun 2013 03:39 AM PDT

 

Port Edward, South Africa – Journey through Ancient Egypt with SPIELO International™'s EPiSODiC GAMiNG™ experience, EGYPTIAN GOLD™, showcased for the first time in Africa on the Atomic Gaming stand at the annual Wild Coast Winter Games Show from 21 – 24 July, 2013. Also debuting from SPIELO International is the exciting multi-level progressive, MEGA KONG™, and three brand new and exciting diversity™ multi-game suites: Enchanted Emerald™, Legendary Classics™, and Best of Volume 1™.

Casino customers will have the chance to win a trip to the ICE Totally Gaming Show 2014 in London, courtesy of SPIELO International and Atomic Gaming, by playing EGYPTIAN GOLD and entering their ticket into the draw. Visit Atomic Gaming's stand for full details.

EGYPTIAN GOLD offers exciting EPiSODiC GAMiNG where the player accumulates features and additional bet options as they progress through the base game, making more action available and unlocking bonus features. Players are able to record progress on their journey, which enables the player to continue building on their progress in future sessions.

MEGA KONG, an exciting multi-level progressive link, will bring roaring action to the Atomic Gaming Stand as Kong returns from the popular King Kong Cash™ progressive link series. MEGA KONG offers four progressive levels and boasts theme-specific jungle titles: Jungle Treasure™, Jungle Lagoon™, and Jungle Queen™. Additionally, this exciting new game is available in single or multi-game set up.

Last but not least, Atomic Gaming will showcase the latest titles available in the globally popular diversity multigame series including Best of Volume 1, Legendary Classics, Enchanted Emerald, Sweet Sunshine, and Magic Maroon.

diversity ENCHANTED EMERALD DELUXE offers players a selection of four core game titles, in addition to two top-performing stand-alone DOGGIE CASH™ progressive titles, three classic low-line games, and one extremely volatile version of a top-performing game.

The LEGENDARY CLASSIC DELUXE edition offers three core game titles, one stand-alone DOGGIE CASH™ progressive title, four classic low-line games, and introduces a new category, TENsion slots, which offers two top-performing core game titles that have been adjusted to 10 lines. Legendary Classics is ideal for Privés (high roller areas) as it offers a RTP configuration of up to 97%, as well as an emphasis on low-line volatile games.

Utilising the best of the best from the previous diversity multi-game suites, BEST OF VOLUME 1 offers five core game titles, two stand-alone DOGGIE CASH progressive titles, classic low-line games and finally, one extremely volatile version of a top performing game.

See you at the Atomic Gaming stand at Winter Games 2013, where we'll show you how SPIELO International speaks gaming!

 

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IOA appoint Cookson to national sales & marketing role

Posted: 20 Jun 2013 02:44 AM PDT

UNITED KINGDOM (June 20th) – The IOA Group, the UK's largest independent machine operator, has announced the appointment of experienced industry figure Martin Cookson to the post of National Sales Executive.  Martin, who boasts over 30-years experience holding senior executive positions with leading organisations including Crown Leisure, Stretton Leisure, Mecca and Buckingham Bingo, will be responsible for developing and implementing the IOA Group's sales and marketing strategies and will report directly to Group CEO Peter Weir.

Commenting on his appointment, Martin said: "I am delighted to be joining the IOA Group which is a highly regarded operator with a proven track record of delivering industry best cash box figures on behalf of their customers. The majority of my career has been spent working in the single site side of the business and I look forward to re-engaging with those customers and companies that I have worked alongside previously. To represent the IOA Group and be responsible for helping to develop the business going forward represents a new and extremely exciting challenge."

Heralding the new appointment, Peter Weir said: "I am delighted to welcome Martin to the IOA team and look forward to working with him on the implementation of our new three year business development strategy.  Every organisation benefits from an addition of new people with new influences and new ideas and I believe that Martin will make a big contribution to the business. I would also like to pay credit to his predecessor Ken Mullarkey who leaves his post after six years in which he has helped the IOA to grow and then consolidate its position in the market. Ken will play a major part in Martin's induction programme before taking up his new role at SE Leisure. On behalf of the IOA Group I would like to record our thanks and to wish Ken the very best."

 

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